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20130104
20130112
Search Results 0 to 6 of about 7 (some duplicates have been removed)
house chief of staff jack lew as his next secretary of the treasury. good evening, i'm jeffrey brown. >> woodruff: and i'm judy woodruff. on the "newshour" tonight, we have more on the man and the economic agenda he has been tapped to spearhead for the next four years. >> brown: then, ray suarez gets an update on a series of bombings that killed more than 100 people in two pakistani cities today. >> woodruff: margaret warner looks into new federal guidelines for mortgage lending aimed at protecting both consumers and lenders. >> brown: we look at the tense political situation in venezuela, after the national assembly delayed the inauguration of cancer-stricken president hugo chavez. >> this is essentially a power play. behind that secrecy there is nothing but an attempt to ensure the continuity of the regime regardless of president chavez's presence. >> woodruff: and with five oscar nominations, we examine the controversy surrounding one of the most talked about new films yet to see a nationwide release; "zero dark thirty," about the hunt for osama bin laden. >> brown: that's all ahe
, jacob "jack" lew is said to be the president's pick to replace treasury secretary timothy geithner. that nomination is expected tomorrow. should he be confirmed by the senate, one of lew's first challenges will be dealing with the rapidly approaching debt ceiling. darren gersh reports. >> reporter: assuming he wins senate confirmation, jacob "jack" lew will take over a treasury that is rapidly running out of cash. the federal government has already hit the debt ceiling. and the only way the government can pay its bills is by using accounting gimmicks to move money around. those tricks will only get the government through mid-february. at that point lew might have to take the unprecedented step of deciding he has the legal authority to pick and choose which bills the feds will pay. >> even if it were clear that the treasury secretary could do that, pick and choose, the ability, the real ability to reprogram all of the software in treasury's computers which connect to all of the computer software in the various agencies is not something that can be done in ten minutes or ten days or
-- his own chief of staff, jack lew. it was widely reported today that the announcement will come tomorrow. lew played a key role in the recent fiscal cliff negotiations with congress, and he previously headed the office of management and dget. if confirm by the sete, lew would replace timothy geithner who's stepping down later this month. labor secretary hilda solis submitted her resignation today, after four years on the job. she made the decision public in an e-mail message. labor unions have praised solis for aggressively enforcing wage laws and job safety. business groups have complained she refused to take a more cooperative approach. american international group will not join a shareholder lawsuit over its federal bailout. a.i.g.'s directors said today they were legally oblited to considetaking part, buthey opted against it. the company had faced mounting criticism since news of the suit broke. the 2008 rescue of a.i.g. cost $182 billion-- the largest of the financial crisis. all of it was paid back, leaving the u.s. government with a profit of $22 billion. vice president b
nomination for his treasury secretary. his chief of staff jack lew is poised to replace timothy geithner. >> over the years he's built a reputation as a master of policy who can work with members of both parties. jack has my complete trust. i hope the senate will confirm him as quickly as possible. >> mr. president, i look forward to continuing the challenges ahead. >> lew is 57 years old. he's well versed in financial policy. he served as director of the office of management and budget from 1998 to 2001 and from 2010 until last year. he took the post as white house chief of staff one year ago. lew must wait for lawmakers to confirm his nomination. he'll face his first big test next month. that's when president obama is to confront congressional leaders again over raising the borrowing limit called the debt ceiling. i'll have more headlines next hour. here is a check on markets. >>> the race is under way to win the olympic honor. tokyo's governor made his pitch no london. he addressed more than 100 foreign journalists. >> i have a big passion for sports to come to london for the games. >
president in making the choices he has to make choosing people that he feels really good about, jack lew, john kerry o beyond their abilities, but also because there is some personal relationship there makes him say for the next four years, i really want to accomplish big things, i want people who i really know well, like well, who i believe are where i am? >> well, there's no doubt that he has confidence in them, that he feels,-- that he feels a connection with them, that he feels that they will faithfully execu-- . >> rose: would he have preferred ssz an rice to john kerry. >> susan rice say great friend of mine. and i think a spectacular public servant. you have probably spent quite a bit of time with her. i think she's done an outstanding job in her position. i have said, you know, she was clear leigh a strong candidate for secretary of state. she was never, the president never said to me i've decided to choose susan rice or i prefer to choose susan but-- . >> rose: what was he thinking about the nomination. what kind of conversation would you have with the president about who he mig
Search Results 0 to 6 of about 7 (some duplicates have been removed)